FW: Praj, india, ethanol plant stock

Milestones in the Journey of PRAJ

1984/85:

Inception of PRAJ. Beginning of PRAJ's journey into Agro-based process industry.

Ist Opportunity comes from a Sugar Mill in India.

1986

Praj develops SPRANNIHILATOR, a zero-pollution system for treatment of distillery effluents. The system was subsequently given an award for innovative concept.

1987/88

Praj, one of the first Companies to receive Venture Capital from ICICI (now ICICI Ventures).

1989/91

To further its commitment to the Ethanol industry Praj set up an R & D Center dedicated to ethanol production. Recognized by Govt. of India, DSIR, this center is equipped with analytical and instrumental laboratory and fermentation, distillation and effluent treatment pilot plants.

Praj makes futher inroads into other states of India.

1991/93

Praj undertakes in-house development of Non-molasses (Starch based) technology and engineering for grains and tubers in 1993.

Molasses decontrolled in India. Industry goes through challenging times. Grain based distilleries being looked at favorably. Praj develops dual route system for cane molasses and grains.

At the same time, Praj also drew up plan to diversify into synergistic fields like Brewery Engineering and plate heat exchangers which would make Praj a full Service Company for technology, process equipment and systems for industries it directly served.

1993/95

Going Public and Listing on the Stock Exchanges in India, which was oversubscribed 7 times.

Praj decides to spread its presence in the international market.
Establishes a hub for the ASEAN and the Far East in Singapore.

The first international order from Indonesia for multi-pressure distillation was contracted, incorporating the patented self-cleaning Flubex evaporator for concentration of distillery spent-wash.

Major order from the Philippines amidst global competition was contracted for multi route plants. Praj continues to score in the South East Asian Markets.

1996/99

Praj restructures to focus on its primary lines like ethanol technology and equipment, wastewater treatment and brewery engineering.

Praj commissions several grain based ethanol plants in India.

1999/00

Praj ventures into South America in 2000. An office set up in Bogota, Colombia to reach out to South, Central America and Caribbean and partner customers in the region.

In the Year 2000, Praj manufacturing facility awarded the ISO 9002 and the prestigious ASME U & H stamps for pressure vessels and heating boilers.

Fuel Ethanol, the new driving force in the ethanol industry, has been gaining in its share of motor fuel not only in the Americas where over 60% of fuel ethanol is produced, but also in Australia, Thailand and in India.

Energy saving multi-pressure distillation systems, introduced by Praj, become an Industry Standard.

Praj bags technology & engineering orders in South America and the Caribbeans.

2000/02

Praj collaborates for Vapor Phase Molecular Sieve Dehydration plants, for production of Fuel grade ethanol.

The first MSDH plant in India went on stream in May 02.

Praj enters into East European Market with engineering order for a grain-based plant.

Praj launches Multi-feed & Multi-product Ethanol technology for round the year distillery operation.

Application engineering completed for Cane juice and Sugar Beet to ethanol process technology.

Praj bags an order for Multi-feed & multi-product plant in Maharashtra, for Vaidyanath SSK Limited.

2002/04

Praj Enters Australian Market with First technology and engineering order for green-field Fuel ethanol production plant

Launch of Matrix 蔓 The Innovation Center for advanced applied research in the field of ethanol and brewing process.

Praj opens three new offices overseas  Johannesburg, Bangkok and Sharjah.

Praj commissions South East Asia痴 first Secondary Juice to Ethanol Plant at Vaidyanath SSK, Pangri, Maharashtra.

Praj is Gold Sponsor to World Ethanol Conference an Annual worldwide yearly conference in London.(2003)

Praj participates in the National Planning Commissions Policy on Biofuels.

Praj develops Sweet Sorghum to Ethanol process.

Praj helps with 1200-1400 acres of pilot cultivation of Sweet Sorghum in India. Trials completed in Australia also.

Praj attains leadership in fuel ethanol plants in India with over 70% marketshare.

Praj crosses the 1 billion turnover mark.

Received 6 major orders for fuel ethanol in South/Central America.
Establishes lead over Brazilian & European Technology Companies in South America.

Praj received ICORE award for the leadership in Biofuels.

Praj痴 Chairman received Distinguished Alumnus Award from IIT, Mumbai.

Praj commissions a unique wastewater treatment plant in Colombia. This technology was developed inhouse.

Praj is Lead (Platinum) Sponsor to World Ethanol Conference an Annual worldwide yearly conference in London.(2004)


2005

Praj commissions two large size ethanol plants in Colombia.

DSIR honors Praj for exports in in-house R&D based technology.

Exclusive Export Oriented Unit (EOU) established.

Brewery Manufacturing facility near Pune (Sanaswadi, Unit-2) acquired.

Praj acquires worldwide rights for Molecular Sieve based dehydration technology from Delta-T.

ICRA certified Praj as A1+ category company for short term finance.

ESOP (Employees Stock Option Plan) declared.

Praj was the Lead (Platinum) sponsor for World Ethanol Event (2005) for second consecutive year.

2006

All five large sized ethanol plants in Colombia on stream for commercial production from March 2006 onwards.

Breakthrough in European Market  receives contract from British Sugars.

Breakthrough in US market. Receives two major contracts to install large size ethanol plants.

Praj expands R&D Center.

Venture Capitalist Vinod Khosla and Marubeni Corporation invests in Praj.

Export Oriented Unit established in Markal near Pune.

Praj inks alliance with Meura for High Performance Brewery Mash Filters Praj expands Brewery Business.

Praj Bio-ethanol Technology for Belgium for Suedzucker Group Company, Biowanze.

Skid Mounted Ethanol Plant designed, manufactured and shipped to CSR Australia.

Breakthrough in the USA market.

Praj Industries and Aker Kvaerner forge a bio-ethanol alliance in Europe.

Praj acquires US Engineering Company - C.J. Schneider Inc.

2007

Chairman, Praj Industries conferred 前utstanding Innovation award by Chemtech Foundation.

Praj receives order from Danisco Group Company, Anklam Bioethanol in Germany.

Praj Industries announces strong results, growth plans; Declares 1:1 Bonus.

Praj and Aker Kvaerner JV company established (BioCnergy Europa B.B.) in The Netherlands.

Aker Kvaerner and Praj win contract for world-scale bioethanol project in the UK for BP-Dupont-Associated British Foods.

Praj received orders to install Cassava based plants in Thailand.

Praj Q1 total income grows by 70%; Profit grows by 90% over corresponding period; Order Intake from new geographies.

5th Manufacturing facility in Kandla (SEZ), India commissioned for bioethanol and biodiesel manufacturing units.

Praj opens office in Brazil.

Praj launches its Biodiesel business.